FED President Classifies Digital Dollar as High-Priority Project
Jerome Powell, the Federal Reserve (FED) president, treats the digital dollar as a “high priority project.” Powell confirmed in a hearing before the Senate Banking Committee that there is a high chance for the United States to issue its central bank digital currency (CBDC). Several nations worldwide are also considering the same fact.
Oh ya 4 year ago
So wrong in so many ways. 1st the government will be able to force you to do anything it wants somple by cutting you off from your bank account. If big tech can cut you off from Facebook for example then you know government can cut you off. For example the government wants you to take a vaccination and you do not want to.... No bank access for you. Another thing the USD has lost 97/98 % of it value against gold since the government gave control of the US money supply to 6 banks that go by the name FEDERAL RESERVE, in 1913. Now what makes you think this government crypto is going to be worth anything more than a almost worthless printed USD? Crypto is just another form of control over you. They control you bank crypto and thus control weather you make your house and car payment, buy food for your family etc. Do you really want to give control of your life up to some power hungry goverment nutbar. People need to really start thinking for themselves again. When someone knocks on your door and says hi i am from the government and am here to help, slam the door shut